Indirect Taxes Committee

of

The Institute of Chartered Accountants of India

Operational Consultancy

• Legislation Impact Analysis, Place of Supply Rules

• Analysis of Costs and Price/ Margin restructuring

• Restructure Supply chain Management

• Comparative Study of Laws

• Understanding Principle of Destination

• Financial management & Competition Analysis

• Review of Existing Contracts

Network Support & Infrastructure

• Synchronising IT Systems & Old data

• Strong Management Information System

• System Reconciliations

• Data Integration between Centre & States

• Automation of returns and other utilities at Centre as well as States

• Updating Amendments in IT Systems

• Data management for State Jurisdiction

Accounting & Taxation Services

• Treatment of Incentives

• Process Documentations & Accounting Manuals

• Branch Transfers

• Budgetary Controls

• Control & Dispute Settlement

• Refunds, Appeals and Adjudications

• Point of Taxation

Compliance Requirements

• Compliance Under State Jurisdictions

• Registrations Under New Scheme

• Online Filing of Returns for each State

• Evaluation of Tax Liability withCredit Set-off

• Statutory Compliances & Record Keeping

• Filing of Declarations

• Export Management

Transitional Support

• Deregistration from Existing Laws

• Managing Pending Litigations

• Review & Certification of Stock on date of transition

• Knowledge Sharing & Capacity Building

• Credit Analysis and Utilization

• Comparative Valuation Under GST

Centre/ State Support Services

• Conscripting Legislation & Rules/ Procedures

• Reconciliation with Clearing Houses

• Monitoring Transactions & Revenues

• Coordination between Centre/ States

• Cross – verification with Other Acts

• Training & Education

• Fixing Rate Based on RNR and Review

Global Opportunities

• Tax Advisory Services

• International Research Issues

• Knowledge Process Outsourcing

• Information & Knowledge Sharing

• Capacity Building Services

• Technology Support Services

Audit & Assurance Services

• Internal Review of Change Management

• Internal Controls

• Internal Audit of Compliance

• Checklist for Statutory Audits

• Assistance in Departmental Audits